Tesla Motors Club

Hi,

I am wondering if most banks offer early payoff of 60 or 72 month loans without adding extra fees? Also is the payoff the amount borrowed with whatever interest has accrued up to that point?

If there is no penalty (as in Tesla's loans), then would it not be best to go with the lowest monthly payment loans, say 72 or 84 months, and paying them off at a later date?

Thanks